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olivLaw · European equity research

Ευρωπαϊκες Καινοτομικες Λυσεις-European Innovation Solutions Α.ε. EIS.AT

Greece · Athens Stock Exchange · ISIN GRS439003005 · Vertical: Listed companies from Greece

1.75EUR−1.69% · 1 dayClose 06 Nov 2026

At the close of 06 Nov 2026, Ευρωπαϊκες Καινοτομικες Λυσεις-European Innovation Solutions Α.ε. (EIS.AT) stock was 1.75 EUR (−1.69% on the day), with market capitalisation 26.6 m EUR, P/E 15.9 on diluted EPS of 0.11 EUR over the last 12 months, dividend yield 2.30%, beta 0.78, 52-week range 1.43–2.10 EUR.

Data as of · Source: ESEF annual reports and closing prices, computed by olivLaw.

Market cap
26.6 m EUR
shares as of 31 Dec 2025
P/E (TTM)
15.9
Diluted EPS TTM 0.11 · TTM to 31 Dec 2025
E/P (TTM)
6.29%
TTM to 31 Dec 2025
Dividend yield
2.30%
DPS 12m 0.04
Beta (2y)
0.78
Volatility (1y) 35%
52-week range
1.432.10

Price history

Loading chart…

Technical reading

RSI (14)
39.2
weak (30–45)
Bollinger (20, 2)
1.73 – 1.83
in the lower half of the band · %B 0.23 · band width 5.9%
SMA 50 / 200
1.83 / 1.79
mixed trend
MACD (12, 26, 9)
-0.02 / -0.02
MACD above signal

Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).

Performance

CompanyEURO STOXX 50vs EURO STOXX 50Vertical median
1 month−5.8%−0.6%−5.2 pp—
3 months−6.6%−4.2%−2.4 pp—
6 months−1.5%+4.3%−5.8 pp—
Year to date−16.7%+7.5%−24.2 pp—
1 year+6.6%+9.9%−3.3 pp+0.4%
3 years+70.7%+49.8%+20.9 pp+33.3%
5 years+203.3%+42.8%+160.5 pp—
Max drawdown (1y)
−31.9%
31 Dec 2025 → 30 Mar 2026
Max drawdown (5y)
−31.9%
31 Dec 2025 → 30 Mar 2026
Compound annual growth (5y)
+24.8%
EURO STOXX 50 +7.4%

Price returns, dividends excluded.

Quarterly results

ESEF annual reports carry no quarters: the results are annual (below).

E/P over time

E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.

Today's P/E sits at the 67 percentile of its own 3-quarter history (min 8.8, median 9.0, max 19.1; quarters with earnings only).

Fiscal years

Fiscal year202320242025
Revenue5.1 m5.7 m6.8 m
Revenue YoYunavailable+11.6%+19.6%
Net income2.1 m2.0 m1.7 m
Net income YoYunavailable−0.3%−18.3%
Diluted EPS0.140.140.11
Diluted EPS YoYunavailable−1.6%−19.1%
net %40.5%36.2%24.7%
Free cash flow1.6 m-476.7 k947.6 k

Balance sheet & financial health

Fiscal year 2025 · 31 Dec 2025

Cash
5.1 m EUR
Financial debt
unavailable EUR
Net debt
unavailable EUR
Equity
7.8 m EUR
Total assets
13.1 m EUR
Debt / equity
unavailable
Current ratio
3.57x
ROE
22.3%
ROA
13.6%
FCF margin
14.0%

Financial statements (source on every figure)

Revenue and net income (EUR)

Margins

Income statement · EUR

Revenue
2023
5.1 m
2024
5.7 m
2025
6.8 m

esef· 23 Oct 2026verified

Cost of revenue
2023
2.8 m
2024
3.1 m
2025
4.3 m

esef· 23 Oct 2026verified

Gross profit
2023
2.3 m
2024
2.6 m
2025
2.5 m

esef· 23 Oct 2026verified

Operating income
2023
2.7 m
2024
2.7 m
2025
2.7 m

esef· 23 Oct 2026verified

Interest expense
2023
161.0 k
2024
79.7 k
2025
66.3 k

esef· 23 Oct 2026verified

Pre-tax income
2023
2.5 m
2024
2.6 m
2025
2.6 m

esef· 23 Oct 2026verified

Income tax
2023
362.8 k
2024
556.9 k
2025
919.1 k

esef· 23 Oct 2026verified

Net income
2023
2.1 m
2024
2.0 m
2025
1.7 m

esef· 23 Oct 2026verified

Diluted EPS
2023
0.14
2024
0.14
2025
0.11

esef· 23 Oct 2026verified

Dividend per share
2023
—
2024
0.00
2025
0.04

esef· 23 Oct 2026derived

Balance sheet · EUR

Cash
2023
1.2 m
2024
587.1 k
2025
5.1 m

esef· 23 Oct 2026verified

Current assets
2023
4.6 m
2024
5.6 m
2025
11.7 m

esef· 23 Oct 2026verified

Property, plant & equipment, net
2023
931.0 k
2024
1.1 m
2025
160.6 k

esef· 23 Oct 2026verified

Intangibles (excl. goodwill)
2023
4.5 k
2024
8.3 k
2025
6.2 k

esef· 23 Oct 2026verified

Total assets
2023
10.2 m
2024
11.6 m
2025
13.1 m

esef· 23 Oct 2026verified

Current liabilities
2023
2.4 m
2024
1.5 m
2025
3.3 m

esef· 23 Oct 2026verified

Total liabilities
2023
5.0 m
2024
4.3 m
2025
5.3 m

esef· 23 Oct 2026verified

Equity
2023
5.2 m
2024
7.3 m
2025
7.8 m

esef· 23 Oct 2026verified

Shares outstanding at year end
2023
14.9 m
2024
15.1 m
2025
15.2 m

esef· 23 Oct 2026derived

Cash flow · EUR

Operating cash flow
2023
1.7 m
2024
-302.9 k
2025
1.0 m

esef· 23 Oct 2026verified

Capex
2023
16.4 k
2024
173.8 k
2025
57.1 k

esef· 23 Oct 2026verified

Free cash flow
2023
1.6 m ≈
2024
-476.7 k ≈
2025
947.6 k ≈

esef· 23 Oct 2026derived

Investing cash flow
2023
-15.3 k
2024
-178.1 k
2025
5.0 m

esef· 23 Oct 2026verified

Financing cash flow
2023
-1.7 m
2024
-175.1 k
2025
-1.5 m

esef· 23 Oct 2026verified

Dividends paid
2023
—
2024
0
2025
613.3 k

esef· 23 Oct 2026verified

Computed indicators

Growth

Revenue growth (YoY)
19.6%
computed by olivLawFY 2025
Revenue CAGR 3Y
unavailable
input data missing
Revenue CAGR 5Y
unavailable
input data missing
EBIT growth (YoY)
-1.2%
computed by olivLawFY 2025
Net income growth (YoY)
-18.3%
computed by olivLawFY 2025
Net income CAGR 3Y
unavailable
input data missing
Net income CAGR 5Y
unavailable
input data missing
EPS growth (YoY)
-19.1%
computed by olivLawFY 2025
EPS CAGR 3Y
unavailable
input data missing
EPS CAGR 5Y
unavailable
input data missing
FCF growth (YoY)
unavailable
the base of the ratio is not positive

Profitability

Gross margin
36.9%
computed by olivLawFY 2025
EBITDA margin
unavailable
input data missing
EBIT margin
39.4%
computed by olivLawFY 2025
Net margin
24.7%
computed by olivLawFY 2025
FCF margin
14.0%
computed by olivLawFY 2025

Returns

ROE
22.3%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROA
13.6%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROIC
unavailable
input data missing
ROCE
27.1%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Payout ratio (EPS)
36.6%
computed by olivLawFY 2025
Payout ratio (FCF)
64.7%
computed by olivLawFY 2025

Balance sheet

Net debt
unavailable
input data missing
Net debt / EBITDA
unavailable
input data missing
Debt / equity
unavailable
input data missing
Interest coverage
40.2x
computed by olivLawFY 2025

Liquidity

Current ratio
3.6x
computed by olivLawbalance sheet at 31 Dec 2025
Quick ratio
unavailable
input data missing
Cash ratio
1.5x
computed by olivLawbalance sheet at 31 Dec 2025

Cash

Operating cash flow
1.0 m EUR
computed by olivLawFY 2025
Capital expenditure
57.1 k EUR
computed by olivLawFY 2025
Free cash flow
947.6 k EUR
computed by olivLawFY 2025
FCF conversion
56.6%
computed by olivLawFY 2025
Cash conversion
unavailable
input data missing

Efficiency

Days sales outstanding
unavailable
input data missing
Days inventory outstanding
unavailable
input data missing
Days payables outstanding
unavailable
input data missing
Cash conversion cycle
unavailable
input data missing

Market and valuation

Market capitalisation
26.6 m EUR
computed by olivLawbalance sheet at 31 Dec 2025
Enterprise value
unavailable
input data missing
Market cap / net income TTM
15.9x
computed by olivLawFY 2025
P/E (TTM)
15.9x
computed by olivLawFY 2025
Earnings yield
6.3%
computed by olivLawFY 2025
P/B
3.4x
computed by olivLawbalance sheet at 31 Dec 2025
P/S
3.9x
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
EV/EBITDA
unavailable
input data missing
EV/EBIT
unavailable
input data missing
EV/Sales
unavailable
input data missing
P/FCF
28.1x
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
FCF yield
3.6%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Dividend yield
2.3%
computed by olivLawFY 2025
Shareholder yield (distributions)
2.3%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025

1 indicators that do not apply to the sector.

Valuation

olivLaw classification

Insufficient data
What is missing
  • score weight coverage: 52.1% of at least 60%

A scoring methodology on indicators and valuation, not investment advice.

Closing price

1.75 EUR

06 Nov 2026Source: olivLaw, closing series

Market cap: 26.6 m EUR

Key indicators

Market capitalisation
26.6 m EUR
computed by olivLawbalance sheet at 31 Dec 2025
P/E (TTM)
15.9x
computed by olivLawFY 2025
P/B
3.4x
computed by olivLawbalance sheet at 31 Dec 2025
EV/EBITDA
unavailable
input data missing
ROE
22.3%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Net margin
24.7%
computed by olivLawFY 2025
Revenue growth (YoY)
19.6%
computed by olivLawFY 2025
Dividend yield
2.3%
computed by olivLawFY 2025

Coverage and freshness

25/37 reporting lines present
Latest full fiscal year: 2025
Latest reported period: 31 Dec 2025
Latest balance sheet date: 31 Dec 2025
Share count (cover of the latest filing), as of: 31 Dec 2025
Source: esefpublished 23 Oct 2026
verified 76derived 5

Score by group

52% · Insufficient data

Estimated value range

Low
0.73
EUR per share
Mid
0.89
EUR per share
High
1.07
EUR per share
Price: 1.75 EUR
The price is above the range
Potential to the central value: -49.1% (value / price − 1)
Margin of safety: -96.6% (1 − price / value)
Agreement between methods: low · 2 methods used · 2 independent bases

The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 0.55 – 1.39 EUR.

Valuation assumptions are editorial choices, not measured; beta is not measured.

Method ranges (EUR per share)

— — Mid · ▏ Price

Valuation methods

  • DCF (discounted cash flow)unavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
  • Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
  • Peers: P/E0.91 – 1.39 (Mid 1.15)
    25 companies used · median multiple 10.4x · quartiles 8.2x – 12.6x
    AEGN.AT, AEM.AT, ALMY.AT, ASCO.AT, ASTAK.AT, AVAX.AT, BELA.AT, BIOKA.AT, BIOSK.AT, BIOT.AT, BRIQ.AT, BYLOT.AT, CENTR.AT, DAIOS.AT, DIMAND.AT, ELBE.AT, ELHA.AT, ELLAKTOR.AT, ELSTR.AT, ELTON.AT, ETE.AT, EUROB.AT, EYAPS.AT, FAIS.AT, FLEXO.AT
  • Dividend discount (DDM)0.55 – 0.75 (Mid 0.63)

Assumptions (illustrative, editorial)

Risk-free rate
3.0%
Equity risk premium
5.5%
Beta (default)
1.00
Cost of equity
8.5%
Terminal growth
2.0%

Factor scorecard

Insufficient data

Minimum-evidence gate: score weight coverage: 52.1% of at least 60%

FactorValueScoreWeight used
ROIC · Qualityunavailableunavailable—
Net margin · Quality24.7%74 (vs peers)12%
FCF conversion · Quality56.6%38 (on a fixed band)12%
Revenue CAGR 3Y · Growthunavailableunavailable—
EPS CAGR 3Y · Growthunavailableunavailable—
Net debt / EBITDA · Balance sheetunavailableunavailable—
Interest coverage · Balance sheet40.2x100 (on a fixed band)12%
Current ratio · Balance sheet3.6x100 (on a fixed band)8%
P/E (TTM) · Valuation15.9x27 (vs peers)20%
EV/EBITDA · Valuationunavailableunavailable—
FCF yield · Valuation3.6%44 (on a fixed band)16%
Shareholder yield (distributions) · Returns2.3%33 (on a fixed band)12%
Payout ratio (FCF) · Returns64.7%79 (on a fixed band)8%

Factors without a value were dropped; the remaining weights were renormalised.

Score groups

  • Balance sheet100/100 · 2/3 factors with a value
  • Growth· partialunavailable · 0/2 factors with a value
  • Quality56/100 · 2/3 factors with a value
  • Returns51/100 · 2/2 factors with a value
  • Valuation35/100 · 2/3 factors with a value

A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.

Memo

ΕΥΡΩΠΑΪΚΕΣ ΚΑΙΝΟΤΟΜΙΚΕΣ ΛΥΣΕΙΣ-EUROPEAN INNOVATION SOLUTIONS Α.Ε. (EIS.AT). Latest full fiscal year: 2025; data up to 2025-12-31.

Figures computed from the financial statements: revenue 6.8 m EUR in 2025; YoY growth 19.6%; net margin 24.7%; ROE 22.3%.

The estimated value range is 0.73–1.07 EUR per share (median of 2 methods, agreement: low); assumptions are illustrative. Against the central value of 0.89 EUR, the price of 1.75 EUR leaves a potential of -49.1% (value / price − 1) and a margin of safety of -96.6% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.

Insufficient data for a verdict (score weight coverage: 52.1% of at least 60%).

Text generated deterministically from the figures shown; no language model. Not investment advice.

What supports the thesis

  • Net margin: 24.7%
  • Interest coverage: 40.2x
  • Current ratio: 3.6x
  • Payout ratio (FCF): 64.7%

What contradicts it

  • P/E (TTM): 15.9x
  • The price is above the estimated value range
  • The valuation methods diverge

Not assessed (insufficient data or a ratio without meaning): ROIC, Revenue CAGR 3Y, EPS CAGR 3Y, Net debt / EBITDA, EV/EBITDA.

Versus the vertical median

Listed companies from Greece · same country · compared with 39 companies

Multiples and returns vs the median

P/E
15.9x
vertical median 11.8x
above median (+34.8%)
EV/EBITDA
—
vertical median 7.7x
P/S
3.9x
vertical median 1.6x
above median (+144.5%)
P/B
3.4x
vertical median 1.3x
above median (+159.0%)
ROE
22.3%
vertical median 9.9%
above median (+125.8%)
Net margin
24.7%
vertical median 7.3%
above median (+239.4%)
EBIT margin
39.4%
vertical median 8.9%
above median (+344.4%)
Revenue YoY
19.6%
vertical median 5.1%
above median (+282.8%)
Net debt/EBITDA
—
vertical median 2.9x
Dividend yield
2.3%
vertical median 2.7%
below median (−13.8%)

Price rebased to 100 (monthly, 5 years)

Companies in the vertical

Market capP/EROENet marginRevenue YoY1A / 3A
EUROB.ATΤραπεζα Eurobank Ανωνυμη Eταιρεια16.5 bn12.114.0%39.7%+2.7%+32% / +165%
ETE.ATΕθνικη Τραπεζα Της Ελλαδος Α.ε.14.8 bn12.713.3%42.5%−5.4%+21% / +159%
ELPE.ATHelleniq Energy Ανωνυμη Εταιρεια Συμμετοχων4.9 bn28.26.4%1.5%−9.0%+95% / +111%
CENER.ATCenergy Holdings4.4 bn22.924.3%9.4%+14.7%+41% / +199%
BELA.ATJumbo Ανωνυμη Εμπορικη Εταιρεια3.7 bn11.521.5%26.0%+7.2%+0% / +14%
AKTR.ATΑκtor Ανώνυμη Εταιρεία Συμμετοχών, Τεχνικών Και Ενεργειακών Έργων2.0 bn110.66.7%1.3%+11.2%+7% / +186%
EYDAP.ATΕταιρια Υδρευσεως Και Αποχετευσεως Πρωτευουσης Ανωνυμη Εταιρια1.4 bn—-2.6%-5.9%−2.4%+83% / +132%
ELHA.ATEλβαλχαλκορ Ελληνικη Βιομηχανια Χαλκου Και Αλουμινιου Ανωνυμος Εταιρεια1.3 bn12.29.8%2.9%+5.1%+4% / +80%
AEGN.ATΑεροπορια Αιγαιου Ανωνυμη Αεροπορικη Εταιρεια995.2 m6.727.7%7.9%+4.6%−23% / −3%
AVAX.ATΑβαξ Ανωνυμη Εταιρεια Εργοληπτικη-Τουριστικη-Εμπορικη-Βιομηχανικη-Οικοδομικων Υλικων & Μηχανηματων495.3 m10.425.9%5.0%+47.1%+37% / +119%
BYLOT.ATBally's Intralot Α.ε.460.2 m15.1-9.3%-12.6%+34.8%+10% / +17%
ELLAKTOR.ATΕλλακτωρ Ανωνυμη Εταιρεια419.4 m2.726.1%175.2%−74.8%−32% / −44%
AEM.ATAlter Ego Media Α.ε.350.0 m17.818.3%14.0%+12.6%−3% / unavailable
ALMY.ATΑλουμυλ Βιομηχανια Αλουμινιου Αε319.4 m10.423.5%6.0%+11.7%+15% / +118%
DIMAND.ATDimand Ανωνυμη Εταιρεια Αξιοποιησης Και Εκμεταλλευσης Ακινητων Και Κατασκευων Υπηρεσιων Και Συμμετοχων266.7 m7.618.5%58.5%+110.6%+42% / +28%
EVR.ATΕυρώπη Holdings Α.ε.168.6 m37.22.9%30.7%+435.3%−32% / +33%
EYAPS.ATΕταιρεια Υδρευσης & Αποχετευσης Θεσσαλονικης Α.ε.166.6 m21.64.1%8.8%+2.4%+22% / +39%
BRIQ.ATBriq Properties Ανωνυμη Εταιρεια Επενδυσεων Σε Ακινητη Περιουσια148.6 m5.915.5%116.9%+37.8%+12% / +69%
FAIS.ATΦαις Συμμετοχων Ανωνυμη Εταιρεια116.3 m8.722.1%6.3%+12.9%−7% / unavailable
DAIOS.ATΔαϊος Πλαστικα Ανωνυμη Βιομηχανικη Εμπορικη Εταιρεια Α.ε.102.0 m10.314.0%15.6%+9.1%−5% / +113%
ASTAK.ATAlpha Real Estate Services Ae94.7 m12.610.4%30.3%+22.4%−7% / −7%
FLEXO.ATFlexopack Ανωνυμη Εμπορικη Και Βιομηχανικη Εταιρεια Πλαστικων92.5 m8.38.3%6.8%+4.6%−2% / −2%
ASCO.ATA.s. Εμπορικη-Βιομηχανικη Εταιρια Η/υ & Παιχνιδιων Α.ε.59.6 m10.414.1%15.8%+16.4%+10% / +105%
AVE.ATAve Α.ε.50.4 m—-25.2%-7.4%+8.2%−8% / −13%
ELTON.ATΕλτον Διεθνους Εμποριου Ανωνυμη Εμπορικη Βιομηχανικη Εταιρεια46.8 m13.74.9%1.9%+8.6%−12% / −19%

1- and 3-year price returns: for EIS.AT from daily closes (the same as the performance table), for the other companies from month-end closes.

olivLaw engine forecast

The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.

The engine has no published run for this company yet.

Valuation scenarios (editable assumptions)

Illustrative scenarios

Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.

Bear
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Base
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Bull
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Nothing is saved.

Estimated price (EUR)

Estimated priceBearBaseBull
1 years
1.14
Total return -33% · Per year -33%
2.01
Total return 18% · Per year 18%
3.02
Total return 76% · Per year 76%
3 years
1.36
Total return -16% · Per year -6%
2.66
Total return 61% · Per year 17%
4.35
Total return 160% · Per year 38%
5 years
1.61
Total return 4% · Per year 1%
3.52
Total return 119% · Per year 17%
6.26
Total return 281% · Per year 31%
What moves the 3-year price the most
  • Exit P/E± 0.67
  • Net margin± 0.47
  • Annual revenue growth± 0.35
  • Annual dilution± 0.04

AI analysis

The qualitative analysis has not been written for this company yet.

Products, market & competition

The qualitative analysis has not been written for this company yet.

News & filings

In the press

No news in our archive over the last 180 days.

Annual reports (ESEF)

Figures computed by olivLaw from ESEF annual reports and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.

Ευρωπαϊκες Καινοτομικες Λυσεις-European Innovation Solutions Α.ε. (EIS.AT): stock, results, valuation and forecast · olivLaw